5 Die and Mould Trends

March 29, 2016 3:49 pm

Experts from the industry speak about the trends that will help die and mould industry to flourish in the coming years
  Die and mould industry is a key constituent of the vital capital goods trade that is considered as the ‘Mother of the Manufacturing’. Die and Mould Associations in India are looking forward to achieve engineering excellence with an aim to establish India as a global manufacturing hub.
The domestic die and mould industry is undergoing dramatic change, with major OEMs developing and manufacturing the products locally. There is an increase in demand especially from the commercial tool rooms. Globalisation is making the traditionally competitive business even tougher. As a result, die and mould makers must rethink both their short-term and long-term strategies. The tooling industry as a whole which counts die makers and mould makers as its two most prominent groups is not just experiencing a drastic change but a complete restructuring with far-reaching implications.
“The main role to drive die and mould industry in 2016 will be the latest technological trends in tooling industry along with cost-effective, energy efficient and environmental friendly solutions for the dies and mould makers. The innovation  engaged in design, manufacturing of dies for pressing, stamping, punching and forming; injection and compression moulds; die casting dies; patterns and pattern equipment’s; jigs and fixtures; standard. Tooling component; CAD/CAM; rapid prototyping; 3D printing or additive manufacturing; gauges; precision machining; special machineries and related products will set the trend of 2016,” says Keshav Khurana, Executive Director, Wohlhaupter India Pvt Ltd.
1. Compete on valueAdapting to the changing times is imperative for die and mold makers. “Tool making has undergone a cultural shift, moving away from being considered a craft demanding high degrees of skill to being increasingly viewed as a commodity, something that anyone can perform with the right technological tool at hand, such as 3D parametric solid modeling, rapid tooling and high-speed machining, etc. As a result, die and mold makers can’t rely on old business models but must instead focus on targeting niche markets and developing specialized products, materials, processes and customer knowledge in order to survive in today’s market. In other words, they must try to compete on value instead of cost,” says Sadananda Koppalkar, Head – Business Development – EDM – Die and Mould, Makino India Pvt Ltd.
2. New generation manufacturingApart from the conventional technologies like die sinking and wire EDMs, the new generation manufacturing extensively uses hard machining and complex profiling on multi-axis machining centres to completely finish the die and mould with little need for manual finishing and correction. Supporting these machining methods are new developments in design analysis, inspection techniques and complex programming systems.

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